ITEM 7.01 REGULATION FD DISCLOSURE

With the current unprecedented challenges of the global economy and its effect on the Corporation's worldwide revenues, the Corporation will implement the following cost reduction actions for its U.S. employees effective the first pay period in April 2009:

· The base salaries of executive officers will be reduced by 10%.

· The base salaries of exempt employees will be reduced by 5%.

· The base salaries of non-exempt employees will be reduced by 2.5%.

· The Corporation's match on employee contributions to the Retirement Savings Plan and Supplemental Retirement Savings Plan will be suspended.

The Corporation intends to implement similar cost-cutting actions wherever possible throughout its world-wide business. All of these reductions will be implemented to the extent permitted by applicable laws and contractual obligations.

THE BLACK & DECKER CORPORATION

S I G N A T U R E S

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

THE BLACK & DECKER CORPORATION

By: /s/ CHARLES E. FENTON
Charles E. Fenton
Senior Vice President and General Counsel

Date: March 12, 2009

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